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Oct 8, 2012
10/12
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going back to tax. your premise is that people are making a decision between -- even i income people who, you know, are certainly high income people consume that you were saying they are making the choices about investment versus consumption, based on taxes. i sort of imagine, i'm a, not sure how rich were talking about but at some point you of certain level of wealth, it seems to me people kind of by what they want and then they invest the rest. but you are saying you think actually that they buy more if tax rates were higher. you think i would have an important impact. >> guest: all the time i take the point it takes a lot. yes, i think, yes, but i would say it compounds gradually over time into the point where what you want, i think what is lost in this equation is how do you really get rich as an investment. you satisfy customers. customers are what makes you rich. they say you're the guy who is satisfy my needs, not that guy over there who is not getting rich. so what you really want, talent people
going back to tax. your premise is that people are making a decision between -- even i income people who, you know, are certainly high income people consume that you were saying they are making the choices about investment versus consumption, based on taxes. i sort of imagine, i'm a, not sure how rich were talking about but at some point you of certain level of wealth, it seems to me people kind of by what they want and then they invest the rest. but you are saying you think actually that they...
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Oct 6, 2012
10/12
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benefits and tax entitlements and special tax treatments across the entire code lower tax rates it seems to me, was a very effective political stand. he articulated extremely well as pat said. it was very sub studentive performance. he said it in a very organized and clear way. i think he was extraordinarily more effective than anybody anticipated, and the president, for whatever reason, was just not in the game. >> why was obama thrown off balance? >> i call it the second-term blahs, john. you've seen this happen with other presidents running for reelection. it's the kind of a job where you're constantly having people, really, you know, yes- men and yes-women surrounding you, and you kind of get out of practice on standing up there and telling someone who is telling you to your face that you're ruining the country. obama's conflict of verse -- obama is conflict averse, anyway, when it comes to directly confronting people. he should be well familiar from being out there on the stump. he was giving these elongated answers, complex, compound sentences instead of just saying, mr. romney, yo
benefits and tax entitlements and special tax treatments across the entire code lower tax rates it seems to me, was a very effective political stand. he articulated extremely well as pat said. it was very sub studentive performance. he said it in a very organized and clear way. i think he was extraordinarily more effective than anybody anticipated, and the president, for whatever reason, was just not in the game. >> why was obama thrown off balance? >> i call it the second-term...
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Oct 13, 2012
10/12
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taxes, doyle. one of the things they were -- will argue about is who will cut your taxes and raise your taxes. how do we see this play out on the stage at the debate last night? in a way that it mirrors what we've been seeing on the campaign trail? >> well, you had a serious debate over taxes. one of the things i think jeff is absolutely right. that debate between the vice-presidential candidates was about reaffirming the argument of each side's partisan base. if the word "bipartisan" was spoken during that debate, i missed it. gwen: no. it was spoken. but it was spoken by paul ryan. making the case that that's how they can solve problems. >> arguing that it could be bipartisan but paul ryan was actually going back to the republicans' 2010 playbook. where it was all about lower spending and tax cuts. joe biden was sticking to the -- the attack line of the obama campaign which is that mitt romney's tax cuts don't work. he must be hiding some details. he's trying to pull the wool over your isles. gwe
taxes, doyle. one of the things they were -- will argue about is who will cut your taxes and raise your taxes. how do we see this play out on the stage at the debate last night? in a way that it mirrors what we've been seeing on the campaign trail? >> well, you had a serious debate over taxes. one of the things i think jeff is absolutely right. that debate between the vice-presidential candidates was about reaffirming the argument of each side's partisan base. if the word...
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Oct 7, 2012
10/12
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romney does want to cut tax rates. that would reduce revenue by nearly $5 trillion over 10 years. he says he would offset that loss by eliminating loopholes and deductions but he has refused to say which ones leaving him open to attack by team obama. >> mitt romney's solution is he just decided there wasn't math involved in this problem. and that's absolutely crazy. >> reporter: while the president continues that fund-raising swing, mitt romney will deliberate blistering foreign policy speeches attacking the president on middle eastern policy. that is tomorrow. david? >> david kerley traveling with the romney campaign this weekend, david, thank you. >>> i want to bring in our senior washington editor rick klein tonight. let's gallup poll we showed. a tighter race already. a rolling average as we know and still reflects voters asked before the debate and still could be on the move and all eyes on the crucial battleground straights. in colorado where the debate was held, university of denver poll showing the president holding on to his lead in colorado and, rick, why are both campai
romney does want to cut tax rates. that would reduce revenue by nearly $5 trillion over 10 years. he says he would offset that loss by eliminating loopholes and deductions but he has refused to say which ones leaving him open to attack by team obama. >> mitt romney's solution is he just decided there wasn't math involved in this problem. and that's absolutely crazy. >> reporter: while the president continues that fund-raising swing, mitt romney will deliberate blistering foreign...
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Oct 8, 2012
10/12
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because 47%, he said didn't pay income taxes. but many of those people pay payroll taxes. many of those are young people, old people, after all, many of the older people may not be paying income taxes now but they paid their social security contributions. and now they're getting back what they paid for. so to say that they were freeloaders was really denigrating a lifetime of work that they had contributed to. >> rose: where is the federal reserve in all of this? >> the federal reserve obviously wasn't doing what it should have done in the years before the crisis. >> it was paying too much attention to interest rates and not enough attention to employment. >> that was one of the problems. it was not paying enough attention to what the banks were doing. one of the members of the fed actually talked about it. there is a housing bubble going on there is predatory lending going on. you should stop this because if you don't you're going to have a problem. >> greenspan and the rest of the board ignored it. and so that lead to the housing bubble. and predatory lending. the fed ha
because 47%, he said didn't pay income taxes. but many of those people pay payroll taxes. many of those are young people, old people, after all, many of the older people may not be paying income taxes now but they paid their social security contributions. and now they're getting back what they paid for. so to say that they were freeloaders was really denigrating a lifetime of work that they had contributed to. >> rose: where is the federal reserve in all of this? >> the federal...
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Oct 12, 2012
10/12
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. >> on taxes. >> you can cut tax rates by 20% and still preserve these important preferences for middle class taxpayers. >> not mathematically possible. >> it is mathematically possible. >> reporter: on medicare -- >> if they allowed medicare to bargain for the cost of drugs like medicaid can, that would save $156 billion right off the bat. >> and it would deny seniors choices. >> reporter: on the president's foreign policy. >> when we look weak our adversaries are much more willing to test us, they're more brazen and our -- >> with all due respect that's a bunch of malarkey. >> reporter: he's preparing to make up for frz's mistakes last week, almost immediately launching the attack lines obama never used in his debate. >> it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their own lives. >> my neighbors, they pay more effective tax than governor romney pays in his income tax. >> reporter: before the debate, cnn was told paul ryan's team anticipated biden to be aggressive where the president was not especially on the infamo
. >> on taxes. >> you can cut tax rates by 20% and still preserve these important preferences for middle class taxpayers. >> not mathematically possible. >> it is mathematically possible. >> reporter: on medicare -- >> if they allowed medicare to bargain for the cost of drugs like medicaid can, that would save $156 billion right off the bat. >> and it would deny seniors choices. >> reporter: on the president's foreign policy. >> when we look...
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Oct 14, 2012
10/12
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this is a tax in and of itself. i'll call it the economy tax. i'm not going to raise taxes on anyone. my plan is to bring down rates to get more people working. my priority is putting people back to work in america. i'm mitt romney and i approve this message. >> welcome back. john, tell me something i don't know. >> clinton is doing a lot of stuff for president obama, raising a lot of money. he's in a lot of the ads. look, you've still not done a joint campaign event so far. there's time reserved in the homestretch. you're going to see bill clinton and barack obama together a lot. chris: like the old motorcades with ike and dixon, the canons of new york. i love it. tell me something i don't know. >> early voting, as we all know, has been going on, and we're starting to get some indication of how it's going. over half a million votes have already been cast. both sides are spinning the numbers. so far it looks like republicans are doing better than they did in 2008 and the democrats are doing better also, solt margin is smaller than it was at some
this is a tax in and of itself. i'll call it the economy tax. i'm not going to raise taxes on anyone. my plan is to bring down rates to get more people working. my priority is putting people back to work in america. i'm mitt romney and i approve this message. >> welcome back. john, tell me something i don't know. >> clinton is doing a lot of stuff for president obama, raising a lot of money. he's in a lot of the ads. look, you've still not done a joint campaign event so far. there's...
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Oct 14, 2012
10/12
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no new taxes. >> the difference between a hockey mom and a pit bull, lipstick. >> other ones, you got to depend on your candidate seizing a moment you didn't expect to happen. >> there you go again. >> most moments so far this election have been poorly phrased comments. >> if you've got a business, you didn't build that. somebody else made that happen. >> i like being able to fire people that provide services to me. >> they'll put y'all back in chains. >> the media call those gaffes, but often the media don't know. when ed musky lost the '072 primary because he looked like he teared up defending his wife, everyone said candidates can't career, because that's week, but then in 2008 hillary clinton cried. >> you know, i have so many opportunities from this country. >> she began to tear up. >> don't want to fall backwards. >> she showed being human. >> you know, this is very personal for me. >> pundits pounced. >> people perceive that as weakness. >> yeah, i think they will and they should. >> makes her look like her campaign is in trouble. >> the day before showed clinton 10 points behi
no new taxes. >> the difference between a hockey mom and a pit bull, lipstick. >> other ones, you got to depend on your candidate seizing a moment you didn't expect to happen. >> there you go again. >> most moments so far this election have been poorly phrased comments. >> if you've got a business, you didn't build that. somebody else made that happen. >> i like being able to fire people that provide services to me. >> they'll put y'all back in chains....
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Oct 7, 2012
10/12
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economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. we should bring the tax rates down. for corporations and individuals. for us not to lose revenue, i lowered deductions and credits and intentions so we keep taking in the same money when you account for growth. energy is critical. the president pointed out that production of oil and gas in the u.s. is up but not due to hisall of the increase in natural private land, not on government land. your administration has cut the number of permits and licenses in half. if i am president, i will doublei like coal. people in the coal industry feel like it is getting crushed by your policies. i w
economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. we should bring the tax rates down. for corporations and individuals. for us...
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Oct 6, 2012
10/12
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>> he said for everybody, across the board. >> on top of the bush tax cuts? >> president obama during the debate said he is the one who is going to raise taxes by letting the bush tax cuts expire. >> but we just played two things back to back that do not match. >> look, he said all look, 20% across the board. i think there were two different things he was speaking about there. he has a very pro-growth policy. he has a policy to create 12 million jobs. >> so are you saying he misspoke in one of those? >> i'm not going to get into whether he misspoke or not -- what i know is he has said all along, 20% across the board for everybody, and that means everybody. to what specifically he was speaking there, i'm not exactly sure. but it's a clear choice what you have. we don't need to get caught up on the back and forth. he is going to put forward pro-growth jobs. and 7.8% is an anemic recovery. that is nothing to celebrate. i remember when president bush was criticized by president obama when i worked for him -- >> but for the past four years, republican have said sa
>> he said for everybody, across the board. >> on top of the bush tax cuts? >> president obama during the debate said he is the one who is going to raise taxes by letting the bush tax cuts expire. >> but we just played two things back to back that do not match. >> look, he said all look, 20% across the board. i think there were two different things he was speaking about there. he has a very pro-growth policy. he has a policy to create 12 million jobs. >> so...
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Oct 11, 2012
10/12
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cut plan that would increase taxes on the middle class to pay for taxes on the millionaire and billionaires. now he tells the register that he wouldn't make abortion a part of his agenda. i mean, this is the same mitt romney that said he would be delighted to ban abortions if congress sent it to him. his lead running mate has been the sponsor of many legislations that would totally stop women. mitt romney has been a severely conservative candidate for president. now that he notices that the policies could make sure he does not have is a chance of being elected, he is trying to hide who he is and what he stands for. we won't let him get away with it. >> when it comes to trust, though, we're watching the hearings on the libya attack. and there is no doubt, now, there is an issue on the trust with the white house and the statements that came out from the various ambassadors and so on, what do you make it? what it a scandal? should heads roll? >> well, first of all, piers, president obama knew ambassador chris stevens, knew him personally and was s appreciative of his work. as president of the
cut plan that would increase taxes on the middle class to pay for taxes on the millionaire and billionaires. now he tells the register that he wouldn't make abortion a part of his agenda. i mean, this is the same mitt romney that said he would be delighted to ban abortions if congress sent it to him. his lead running mate has been the sponsor of many legislations that would totally stop women. mitt romney has been a severely conservative candidate for president. now that he notices that the...
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Oct 14, 2012
10/12
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abortion, one, afghanistan another, medicare, taxes. that's what the obama campaign came out of saying that's where they thought he scored. they're -- they spent this weekend an they're going to spend every moment talking to people, figuring out which ones they can now exploit. chris: it's about policy differences. >> and trying to reach the groups. they're very precise about what sort of margins they need in certain groups, and how do they exploit that. that makes an overarching argument, but how do they move voters in the votes they need in the swing states? >> the issue that hasn't come up yet is immigration. we know how important latinos are in the swing states. chris: we asked the matthews meters -- could the obama team have played things smarter after the debacle in denver in that first debate? 11 say yes, they could have done it better. one person said something like, "heck, yeah." and some lodged their votes with multiple exclamation points. including you, john. [laughter] >> i was in all caps with a lot of exclamation points. c
abortion, one, afghanistan another, medicare, taxes. that's what the obama campaign came out of saying that's where they thought he scored. they're -- they spent this weekend an they're going to spend every moment talking to people, figuring out which ones they can now exploit. chris: it's about policy differences. >> and trying to reach the groups. they're very precise about what sort of margins they need in certain groups, and how do they exploit that. that makes an overarching...
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Oct 10, 2012
10/12
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as far as the tax plan, look, he has said he will not pass a tax plan that is not deficit neutral. he's been very clear about this. his principles are do not change or modify the share of taxes paid at the upper income level, reduce the tax burden on the middle income level, cut rates across the board, particularly so you can create a more welcoming environment for small businesses, reduce the tax burden on small businesses, which are responsible for a disproportionate percentage of employment in this country, and you can do a lot of this by generating growth, getting rid of deductions, getting rid of a lot of the credits, getting rid of a lot of the loopholes and that is the plan he will put forward to congress. >> here's the thing. dan, here's the thing. nobody disputes that he intends to do some of this. what we don't know is how he intends to do it, and the specifics and until we get that, i think barack obama is perfectly entitled at the next two debates to take him on it, say hang on, you're cutting taxes by $5 trillion but what are you actually going to do to make up the $5
as far as the tax plan, look, he has said he will not pass a tax plan that is not deficit neutral. he's been very clear about this. his principles are do not change or modify the share of taxes paid at the upper income level, reduce the tax burden on the middle income level, cut rates across the board, particularly so you can create a more welcoming environment for small businesses, reduce the tax burden on small businesses, which are responsible for a disproportionate percentage of employment...
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Oct 11, 2012
10/12
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the tax code. what governor romney and what paul ryan have said is let's have a fair flatter simpler more competitive tax code, bring down rates and broaden the base. start to get rid of all the different loopholes and all the different exemptions. and so this is how you can have a tax code again that is fair, flatter, simpler and is revenue neutral, which of course we have now -- there's at least a half dozen economists, economic organizations, who have said this is true. you've had fact checkers with respect to the president's claim that this increases taxers say that's false. it doesn't. so here is the framework and what mitt romney said is i'm willing to work with both sides of the aisle republicans and sdms to get the details right and t president has never worked with republicans. there is no doubt that the president wants to increase taxes on small businesses, the job engine of america. >> i think there's no doubt we just heard a review what have we might hear from paul ryan tonight. congres
the tax code. what governor romney and what paul ryan have said is let's have a fair flatter simpler more competitive tax code, bring down rates and broaden the base. start to get rid of all the different loopholes and all the different exemptions. and so this is how you can have a tax code again that is fair, flatter, simpler and is revenue neutral, which of course we have now -- there's at least a half dozen economists, economic organizations, who have said this is true. you've had fact...
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Oct 11, 2012
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has he changed his position on taxes? no, he was clear during the republican primary he would limit deductions and limit tax cuts to those who are under $50,000. he was criticized for that. but that was his position now and the idea that president obama saying he has run on this and now he is changing, that is not my analysis of mitt romney's position, but on the issue of abortion --. >>neil: you would apply that, senator, to his abortion position? that is what his position has always been? >>guest: this is not mitt romney -- if you want someone who was particularly strong on those issues, someone would was passionate about the issues there were other options in the primary but mitt romney is someone who has a commitment to being pro life and he doesn't talk about it a lot and when he does he doesn't do it as compellingly as he does on other issues but he has not backed away. when he has not been particularly clear as he was the other day in iowa, he comes forward and made a statement, i have not changed anything. this is
has he changed his position on taxes? no, he was clear during the republican primary he would limit deductions and limit tax cuts to those who are under $50,000. he was criticized for that. but that was his position now and the idea that president obama saying he has run on this and now he is changing, that is not my analysis of mitt romney's position, but on the issue of abortion --. >>neil: you would apply that, senator, to his abortion position? that is what his position has always...
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Oct 12, 2012
10/12
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they pay more effective tax than governor romney pays in their income taxes. i have had it up to here with this notion that 47% -- it's about time they take some responsibility here. and instead of signing pledges to grover nor quest not to ask the wealthiest among us to contribute to bring back the middle class, they would be signing a pledge saying to the middle class, we're going to level the playing field. >> stephanie: yay. yay. drret go ahead. >> caller: i wanted to thank you for keeping me sane that's first. >> stephanie: oh, thank you. >> caller: and i wanted to make three quick comments if i could. if all republicans had to talk about were biden's teeth we're in good shape. >> that's right. >> caller: but i am ronny that romney is up by seven in florida. >> stephanie: i have seen two different polls that one i'm not seeing. >> caller: oh, okay. i saw that on the internet. >> stephanie: let me dig through. nbc found them tied. >> caller: all right. and i loved jim ward's impersonation of groucho. >> thank you. >> caller: and finally i want to thank joh
they pay more effective tax than governor romney pays in their income taxes. i have had it up to here with this notion that 47% -- it's about time they take some responsibility here. and instead of signing pledges to grover nor quest not to ask the wealthiest among us to contribute to bring back the middle class, they would be signing a pledge saying to the middle class, we're going to level the playing field. >> stephanie: yay. yay. drret go ahead. >> caller: i wanted to thank you...
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Oct 10, 2012
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there aren't enough tax loopholes or tax deductions to pay for romney's tax cut unless you cut into home interest mortgage deductions, unless you get rid of state and local taxes. that will hit the middle class hard. you have to be honest about this. the debate hurt obama and helped romney, and romney's gotten a bump in the polls, although it seems to be flattening out. you look at the new poll in ohio, the president is at 51%, romney is at 47%. i think the president, the fundamental structure of the race hasn't been changed, but if he doesn't go on the attack, if biden doesn't do a good job against ryan, and if the president doesn't show up and isn't strong in the second debate, then you're going to have a tossup race. >> well, i would disagree with your approach, first of all. i don't approach it that way. that's going back and relegating all the old arguments. in spirit what i would do, unlike shrumy, i would take the big issue that is separating the candidates, don't get into the little trench warfare about what's your tax plan and where were you on medicare two weeks ago. i would sa
there aren't enough tax loopholes or tax deductions to pay for romney's tax cut unless you cut into home interest mortgage deductions, unless you get rid of state and local taxes. that will hit the middle class hard. you have to be honest about this. the debate hurt obama and helped romney, and romney's gotten a bump in the polls, although it seems to be flattening out. you look at the new poll in ohio, the president is at 51%, romney is at 47%. i think the president, the fundamental structure...
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Oct 11, 2012
10/12
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CURRENT
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and the bottom 20% earned only 3.4% of the taxes and paid 2.1% of the taxes. in the end it all evens out. people pay the same percentage of the taxes as they earned of the income. sound pretty darn fair to me, david. no redistribution there. just carrying one's fair share. yet david said he's so frustrated his motivation to work may be destroyed all together because of the current system. he blamed it all on a system that penalizes the productive and gives to the unproductive. but again he is wrong. government has to take from all for the good of all. including for the good of mr. siegel. just one example. westgate's property at the smoky mountain resort and spa in gatlinberg tennessee people go there and pay there siegel a whole lot of money to appreciate the beauty of the great smoky mountains. the first national park in which the federal government spent its own money to wyland. no national park, no resort that people would pay for. you wouldn't want to build a resort there without reliable public and fire system or the road to get there or the system to gi
and the bottom 20% earned only 3.4% of the taxes and paid 2.1% of the taxes. in the end it all evens out. people pay the same percentage of the taxes as they earned of the income. sound pretty darn fair to me, david. no redistribution there. just carrying one's fair share. yet david said he's so frustrated his motivation to work may be destroyed all together because of the current system. he blamed it all on a system that penalizes the productive and gives to the unproductive. but again he is...
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Oct 14, 2012
10/12
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CNN
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pledge and no new taxes. does that fit your bill? by the way, i'm not actually promising you a tax cut. it might just come out even. >> the only confusion is people don't -- >> that's fine with you. sorry. >> he wants to reduce marginal tax rates across the board for all americans, 20%, which is what reagan had, which is what john f. kennedy had. he also wants to do what reagan did in 1986, which is to have it end towards revenue neutrality and job creation as reagan and kennedy gave you, and eliminating vouchers and credits, all the tax credits that have funneled money to the administration's friends, not help the economy. let's get rid of those kind of corrupt deductions and credits and raise some money at the same time, but net, it's going to be a revenue-neutral at worst or a tax cut. >> part of what happened in the first debate, i think, and this will run back into the tax issue, is that people saw mitt romney and someone thought, oh, he is not this scary person we've seen in the ads. he seemed reasonabl
pledge and no new taxes. does that fit your bill? by the way, i'm not actually promising you a tax cut. it might just come out even. >> the only confusion is people don't -- >> that's fine with you. sorry. >> he wants to reduce marginal tax rates across the board for all americans, 20%, which is what reagan had, which is what john f. kennedy had. he also wants to do what reagan did in 1986, which is to have it end towards revenue neutrality and job creation as reagan and...
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Oct 10, 2012
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is a poll tax constitutional or unconstitutional? >> poll tax would be. i don't understand -- that's like saying to drive on a road is a poll tax -- you have to get a license to enter a government building there is a poll tax because you have to show a photo i.d. to get government been pits a poll tax because you have to show i.d. to get those benefits. so -- if that's your standard, a, it is against 70% to 80% of -- >> poll tax only deals with when you are going to the polls. poll tax only deals with -- poll tax really only deals when you are going to the polls. >> i know what a poll tax is. >> driving on a road and getting a lines, that's not a poll tax. going into a government build sing not a poll tax. flying on an airplane and showing your passport is not a poll tax. going to vote and having to prove who you are but having to go out and spend money on getting that i.d. or driving positive miles because you don't have an i.d. place in your town and you have to drive this distance to get one, that is a poll tax. that costs you money. >> as far as i'm a
is a poll tax constitutional or unconstitutional? >> poll tax would be. i don't understand -- that's like saying to drive on a road is a poll tax -- you have to get a license to enter a government building there is a poll tax because you have to show a photo i.d. to get government been pits a poll tax because you have to show i.d. to get those benefits. so -- if that's your standard, a, it is against 70% to 80% of -- >> poll tax only deals with when you are going to the polls. poll...
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Oct 9, 2012
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massive tax increase. romney cannot defend this plan on its merits, so he simply says i'll negotiate this with congress. it doesn't matter what he negotiates, there's not enough money there. it's a simple matter of arithmetic. but he's being a smooth liar about this. >> is the mathematics policy? can you offset $5 trillion with big deductions by getting rid of them when he said tonight to accomplicer, i'm going to leave the mortgage preference, the charitable preference, what is left? >> first off, you're kind of misquoting what he said. number one, he said it's not a $5 trillion dr. >> 4.8. >> but it is. i don't care what he says, he's lying. it is $5 trillion. >> bob, let me make mire point. >> don't repeat his lie without any evidence. >> i'm not repeating it. the fact you call it a lie, you take that up with him. >> no, he's the one who's lying. >> let me make the point. how does it not -- >> the fact of the matter is he's identified that what he's going to do is limply fill the tax code in a number of
massive tax increase. romney cannot defend this plan on its merits, so he simply says i'll negotiate this with congress. it doesn't matter what he negotiates, there's not enough money there. it's a simple matter of arithmetic. but he's being a smooth liar about this. >> is the mathematics policy? can you offset $5 trillion with big deductions by getting rid of them when he said tonight to accomplicer, i'm going to leave the mortgage preference, the charitable preference, what is left?...
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Oct 10, 2012
10/12
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tax the rich, tax the rich. look you're allowed to be rich. of course you want to build the largest house. somebody has got to have the largest house. that is not the issue. the issue is this guy then turns around and says this. if any new taxes are levied on me or my company as our current president plans i will have no choice but to reduce the size of this company. that is an obvious threat to his employees you better vote for romney or i'm going to fire you. it appears do you have another choice. perhaps you could reduce the size of your house. but oh no, no, no, you better not tax me another cent otherwise i'll fire all my workers. which would be a great brilliant business strategy. how would you run a company without workers. then your lazy ass would have to get up off the throne and do some work. in florida in 2000 he did this trick which he admits might have been illegal where he asked all of his workers, 8,000 workers in florida, hey, are you for the republicans or democrats. if they said democrats, then they do anything with them. if
tax the rich, tax the rich. look you're allowed to be rich. of course you want to build the largest house. somebody has got to have the largest house. that is not the issue. the issue is this guy then turns around and says this. if any new taxes are levied on me or my company as our current president plans i will have no choice but to reduce the size of this company. that is an obvious threat to his employees you better vote for romney or i'm going to fire you. it appears do you have another...
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Oct 10, 2012
10/12
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romney closing the gap in a number of these battleground states, continues to say that the $5 trillion tax cut romney's proposing would add to the deficit and romney insists it is absolutely not true. >> he said if he says it's not true, then it's not true. okay. >> reporter: in battleground ohio, president obama insists mitt romney's tax cut will add $5 trillion to the deficit. >> if it's true that it's not going to add to the deficit, that leaves only one option and that's asking middle class families to foot bill. >> reporter: the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's mocking his plan to cut funds for pbs. >> big bird. >> big bird. >> big bird. >> he's focused on saving big bird. kind of a strange thing in my view because you see i'm focused on helping the american people get good jobs. >> reporter: sesame's street now asked the obama campaign to pull the big bird ad, yet there are weightier questions here as congress looks in to whether the u.s. was warned of the deadly libya attack. >
romney closing the gap in a number of these battleground states, continues to say that the $5 trillion tax cut romney's proposing would add to the deficit and romney insists it is absolutely not true. >> he said if he says it's not true, then it's not true. okay. >> reporter: in battleground ohio, president obama insists mitt romney's tax cut will add $5 trillion to the deficit. >> if it's true that it's not going to add to the deficit, that leaves only one option and that's...